Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search
 

Coyotl

(15,262 posts)
Sun Oct 21, 2012, 12:05 AM Oct 2012

Republican Party gives Romney financial advantage over Obama

Source: Reuters = By Alina Selyukh and Patrick Temple-West

Mitt Romney held a financial advantage over President Barack Obama heading into October thanks to strong fundraising by the Republican Party that will allow its candidate to spend more on the last stretch toward the November 6 election.

Campaign finance disclosures show the Romney campaign, the Republican National Committee and the fund they use jointly had $183.1 million in cash on hand at the end of September, more than Obama and the Democratic Party, who had $149.1 million.

Obama's campaign on its own has dwarfed Romney's in the money stakes in recent months, raising $136.2 million in September, according to a Reuters tally of latest reports. The Romney campaign alone raised much less: $76.1 million, according to filings with the Federal Election Commission.

But when taken together with the RNC, Romney had more to spend ....

Read more: http://www.reuters.com/article/2012/10/21/us-usa-campaign-money-fundraising-idUSBRE89K00X20121021



Money can't by an educated populace. The whole country does not have Romnesia!
13 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Republican Party gives Romney financial advantage over Obama (Original Post) Coyotl Oct 2012 OP
There is an old principle in marketing Lithos Oct 2012 #1
Yes, cosmicone Oct 2012 #5
that is my consolation Lithos Oct 2012 #6
Sort of like the vacuum cleaner salesman who goes door to door offering a demo Coyotl Oct 2012 #8
183 to 149 doesn't sound so bad Ash_F Oct 2012 #2
Fundraising, Republican Style AndyTiedye Oct 2012 #3
Fine with me him throwing away good money after bad Populist_Prole Oct 2012 #4
I think he's just annoying people, at this point. Frank Cannon Oct 2012 #13
Money is the cause of Romnesia. Festivito Oct 2012 #7
I'm sure that the racists helped out too. L0oniX Oct 2012 #9
10 Gazzillionaires up to $40 million a piece v. 5 million $10 donors SunSeeker Oct 2012 #10
Romney Relied On SuperPACS so he could hard money for last month TomCADem Oct 2012 #11
Money Money Money !!!!!!! elbloggoZY27 Oct 2012 #12

Lithos

(26,404 posts)
1. There is an old principle in marketing
Sun Oct 21, 2012, 12:12 AM
Oct 2012

Basically, it costs x number of dollars to buy a consumer.

If you extrapolate this to political advertising, it basically tells you that at some level there is a dollar figure per vote. While you can argue that people are just responding to their beliefs, the math is so basic to advertising that it essentially amounts to buying votes.

Romney is trying to buy this election.

L-

 

cosmicone

(11,014 posts)
5. Yes,
Sun Oct 21, 2012, 01:55 AM
Oct 2012

but it costs far far more to sell a substandard product than a quality product. So Obama still has advantage.

Lithos

(26,404 posts)
6. that is my consolation
Sun Oct 21, 2012, 03:27 AM
Oct 2012

I only offered this up to explain why Romnesia is apparently catching up in the polls.

Obama is, by many criteria, the much better product than Romesia and his allies in Congress.

L-

 

Coyotl

(15,262 posts)
8. Sort of like the vacuum cleaner salesman who goes door to door offering a demo
Sun Oct 21, 2012, 10:16 AM
Oct 2012

Most homeowners say "Yes, come on in" for the sole purpose of getting the carpet cleaned by a nice young man. Ever so often one of them succumbs to the pitch. So basically, what I'm getting at here is:

The more Romney sucks and sucks and sucks, the likelier he is to get just one more vote

Populist_Prole

(5,364 posts)
4. Fine with me him throwing away good money after bad
Sun Oct 21, 2012, 01:39 AM
Oct 2012

He's going to lose because he's a rotten candidate and would make an even worse president. At this late stage in the campaign I can't see how a flurry of ads by him, however vile, will help him win. He still is what he is.

SunSeeker

(51,679 posts)
10. 10 Gazzillionaires up to $40 million a piece v. 5 million $10 donors
Sun Oct 21, 2012, 02:19 PM
Oct 2012

Not exaclty a fair fight, but the Repukes sure do squander their money (and line their own pockets with their suckers' donations) so their money does not go as far as Dems'.

 

elbloggoZY27

(283 posts)
12. Money Money Money !!!!!!!
Sun Oct 21, 2012, 03:04 PM
Oct 2012

Money is the biggest materialistic of our ugly society and the GOP are guilty of trying to buy their way into the White House.

Health is better then money any time. If you get Cancer or any other disease you cannot get rid of this disease or any other major illness.

The GOP just wants the rich to get all of the phony breaks. However, we the people will determine who gets elected and I am not voting for any intolerant Party or Politician that thinks otherwise.

Latest Discussions»Latest Breaking News»Republican Party gives Ro...